New York Summit Meeting Brings Tech Leaders Together to Discuss Building Digital Cities
NEW YORK, Sept. 30, 2013 /PRNewswire-USNewswire/ -- Mayor Michael Bloomberg of New York City and Mayor Edwin Lee of San Francisco announced today that London will join the two American cities in hosting a session of the Bloomberg Technology Summit.
Bloomberg and Lee spoke this morning in downtown Brooklyn as part of the New York session of the summit, a series of closed-door, roundtable discussions that bring together top leaders in technology, business, and related fields. The second session of the summit will be held in San Francisco in March of 2014, and the newly-announced third session will take place in London later in 2014.
"London is one of the world's great digital cities, and I am proud to welcome Mayor Johnson as a co-host of the Bloomberg Technology Summit. As with New York and San Francisco, there are important lessons that we can draw from London's experience growing and sustaining a successful tech sector," said Mayor Bloomberg.
"The world's cities are the drivers of growth and prosperity in this century, and as we well know here in London, technology is a key part of that equation. I look forward to welcoming Mayor Bloomberg and Mayor Lee to London to continue this important conversation," said Mayor Boris Johnson of London.
The focus of all three meetings of the Bloomberg Technology Summit is "Building Digital Cities." At the New York event, tech leaders including Fred Wilson of Union Square Ventures, Jennifer Hyman of Rent the Runway, and Tim Armstrong of AOL, joined Bloomberg, Lee, and Aspen Institute President Walter Isaacson to discuss the factors that have enabled New York to develop a thriving technology sector.
In advance of Monday's meeting, the Bloomberg Technology Summit released an economic report showing that New York's tech/information sector has grown rapidly over the past five years, enabling New York to increase private sector employment by 4 percent in the city during a time when private payrolls fell by 3 percent nationally. In total, the New York City tech/information sector supports 262,000 jobs in the city and contributes nearly $30 billion to payrolls, making it the second largest driver of the New York economy.
The report also highlighted the proactive steps that have enabled New York and San Francisco to become leading digital cities by attracting large and small tech companies that formerly would have been located in the suburbs.
"A resurgent tech sector in San Francisco has revitalized neighborhoods and created jobs throughout our city. Bringing together tech leaders from San Francisco, New York, and London will enable us to harness this growth to lift all our people and to share these best practices with cities across the world," said Mayor Lee.
The economic report - including analysis by Dr. Michael Mandel of South Mountain Economics and an industry survey by Boston Consulting group - can be found online at http://bit.ly/16D9gRv.
The Bloomberg Technology Summit was established in 2012 to bring together a small, select group of senior business, tech, government, and community leaders for intensive off-the-record conversations and collaborations about the future of technology, and its role in our economy. The first event took place in New York City on October 1, 2012. The summit was expanded this year to include San Francisco, and now London, and is hosted by Mayor Michael Bloomberg, Mayor Edwin Lee, Mayor Boris Johnson of London, Bloomberg Philanthropies, and the San Francisco Citizens Initiative for Technology and Innovation (sf.citi).
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SOURCE Bloomberg Technology Summit